Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,123.19
    +44.33 (+0.55%)
     
  • Bitcoin USD

    64,044.05
    +705.01 (+1.11%)
     
  • CMC Crypto 200

    1,390.64
    -5.90 (-0.42%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • Dow

    38,085.80
    -375.12 (-0.98%)
     
  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     
  • Gold

    2,356.20
    +13.70 (+0.58%)
     
  • Crude Oil

    84.24
    +0.67 (+0.80%)
     
  • 10-Yr Bond

    4.6670
    -0.0390 (-0.83%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Microsoft laid off half the people working on one of its most important projects

Satya Nadella
Satya Nadella

REUTERS/Jim Young

Microsoft CEO Satya Nadella.

Microsoft has laid off 30 employees who were working on HoloLens, the augmented reality headset, in Israel with 30 more being relocated within the company, Windows Central reports

In a statement, the company did not give a reason for the layoffs, describing it as a “shift of jobs across the organization.” It’s unclear where the 30 that remain will be relocated. 

According to Ynet, an Israeli news website, the 60 jobs come from engineering. Those who were contract workers were laid off immediately with permanent employees given one month to find another job within the company. 

ADVERTISEMENT

HoloLens is a $3,000 (£1,900) augmented reality headset that runs Windows Holographic, a version of the company’s operating system. Microsoft CEO Satya Nadella has emphasised the importance of the headset numerous times. 

Business Insider has reached out to Microsoft to confirm the lay offs and what they mean for HoloLens. We will update the post when we hear back. 

NOW WATCH: A 56-year-old man filmed a conversation with his 18-year-old self, and it’s going viral


The post Microsoft laid off half the people working on one of its most important projects appeared first on Business Insider.